Stone Capital Mall New Capital

Stone Capital Mall New Capital is an administrative, commercial and medical mall from Emerald Developments on the Al Amal Axis in district MU23 of the New Administrative Capital, announced with investments of EGP 3 billion. As of October 2026 it is under construction after its launch in August 2024. The project area ranges between 6,600 and 14,000 sqm, including large outdoor plazas, and the building rises to ground plus 9 floors.

About Stone Capital Mall

Emerald announced the project as a multi-use mall (commercial, administrative and medical) with EGP 3 billion in investments. Head of the commercial sector Ahmed Fares has stated that its MU23 location on the Al Amal Axis is a strategic advantage. The architectural design is by MTA under the supervision of Dr. Mohamed Talaat.

Uses are distributed as follows: the ground, first and second floors are commercial (shops, restaurants and cafes), floors three to five are administrative, and floors six to nine are medical. The distribution of some floors may differ, so we confirm the floor assigned to each activity before reservation.

The project suits anyone looking for a small administrative or medical unit on a smaller budget than a shop, clinic owners who prefer a medical and office building close to the R2 and R3 residential districts, and investors who want to enter with a relatively low reservation payment (EGP 30,000 for administrative and medical units).

Stone Capital Mall Location in the New Capital

The mall stands on plots F10 and F11 in district MU23 directly on the Al Amal Axis, between the R2 and R3 residential districts, with a frontage of about 100 metres. It is close to the Government District, the Diplomatic District, the International Conference Center and the Financial District inside the New Administrative Capital.

Compare its location with X One Mall New Capital and Vigor Mall New Capital.

The project’s main plaza covers a large area (4,000 sqm and 8,500 sqm), which gives the mall an open space suited to restaurants and entertainment, and makes the retail frontage more attractive to visitors.

Unit Sizes and Types

Unit sizes start from 19 sqm for offices and clinics and reach about 43 sqm:

• Administrative offices: 19 to 43 sqm (21, 25, 28 and 43 sqm in the price lists).
• Clinics: 21 or 28 up to 43 sqm depending on the phase.
• Retail shops: 21 to 52 sqm depending on the floor.
• Pharmacies: no sizes or prices announced.

Stone Capital Mall Prices

Stone Capital Mall prices start from EGP 1.4 million for small offices after the launch discount (EGP 1,425,000 for a 19 sqm office), from about EGP 2 million for clinics, and from EGP 3.4 million for first-floor shops (as of October 2026). We show the office starting point at about EGP 1.7 million as well, so figures differ depending on the date of each list.

• Price per sqm for offices: EGP 75,000 to 85,000 depending on the position within the floor.
• Price per sqm for clinics: EGP 77,000 to 87,000.
• 42 sqm shop on the first floor: about EGP 6.7 million.
• 52 sqm shop on the ground floor: about EGP 12.5 million.

Some pages also show an opening figure of EGP 7.3 million, which does not represent the lowest unit. The cash discount reaches 35%.

Payment Plans and Delivery

Installments run up to 9 years depending on the down payment, and the plans step up as follows:

• 15% down payment and 7 years of installments.
• 20% down payment and 8 years of installments.
• 25% down payment and 9 years of installments.
• A discount of up to 25% for the accelerated payment plan over 6 years.

The reservation deposit is EGP 30,000 for offices and clinics and EGP 50,000 for shops, and it is deducted from the down payment. Delivery is in 2028, with handover within 4 years of contracting.

Worked example: a 19 sqm office at EGP 1,425,000 on the 15% down payment plan means a down payment of about EGP 213,750, leaving about EGP 1.21 million. Paid over 7 years (84 months), the monthly installment is about EGP 14,400 with no interest. This is an estimate, and what matters is fixing the price after the launch discount in the reservation contract.

The Developer: Emerald Developments

The developer is Emerald Developments, with more than 30 years of real estate and engineering experience. The mall is run by a company specialised in mall management. Because the project is new, tracking construction progress reports matters before you pay.

Services and Facilities

• Basement car parking.
• Five elevators and escalators, including panoramic elevators.
• Food court, restaurants, cafes and an open main plaza.
• Central air conditioning, backup generators and a central call system.
• Security, surveillance, early fire warning and smart facilities.
• Round-the-clock cleaning and maintenance and a pedestrian walkway around the facade.

Stone Capital Pros and Points to Watch

These are the main strengths and the points that call for care:

• Advantage: Announced investments of EGP 3 billion and engineering supervision by Dr. Mohamed Talaat.
• Advantage: Small administrative and medical units from 19 sqm.
• Advantage: A location on the Al Amal Axis between two residential districts.
• Note: The data on project area differs (6,600 or 14,000 sqm).
• Note: The project is new and under construction.
• Note: The launch discount may have ended depending on the date of the list.

What to Check Before Reserving a Unit at Stone Capital

• The approved project area and plot (F10 only, or F10 and F11).
• The distribution of uses across the floors, because the data differs on which floors are medical and which are administrative.
• The date of the price list, because the 10% launch discount may still apply or may have ended.
• Delivery: 2028 or 4 years from contracting, and the finishing standard at handover.

Why Buy Stone Capital Mall With West Capital

A buying decision in MU23 needs comparison, and we work with you on:

• Updating prices after the launch discount and explaining the difference between the dates of each list.
• Choosing the right down payment plan (15%, 20% or 25%) for what you can afford.
• Comparing Stone Capital with the malls of the Administrative and Financial districts on expected return.
• Following the reservation and contracting with the developer through to handover, with no extra fees.

Reservation Steps at Stone Capital With West Capital

• We define the activity, budget and payment period that suit you.
• We send you an updated list of available units, their prices and the date of the latest update.
• We arrange contact with the developer’s sales team and review the reservation and contract terms.
• We verify the date of the price list and whether the launch discount still applies before you pay the deposit.

For more options, browse projects in the New Administrative Capital, learn about the work of Emerald Developments, and compare with X One Mall New Capital, Vigor Mall New Capital and E One Mall New Capital. You can also see the New Capital malls guide.

Stone Capital Mall New Capital FAQ

Where is Stone Capital Mall?

On the Al Amal Axis in district MU23 of the New Administrative Capital, between districts R2 and R3, on plots F10 and F11.

Who is the developer of Stone Capital?

Emerald Developments, which announced it with EGP 3 billion in investments in August 2024.

What are the starting prices of the units?

From EGP 1.4 million for small offices, from EGP 2 million for clinics, and from EGP 3.4 million for first-floor shops (as of October 2026).

What are the payment plans?

A 15% down payment over 7 years, or 20% over 8 years, or 25% over 9 years, with a discount of up to 35% for cash payment.

What are the unit sizes?

Offices and clinics from 19 to about 43 sqm, and shops from 21 to 52 sqm depending on the floor.

When will Stone Capital be delivered?

2028 for one of the units offered, or within 4 years of contracting.

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